RareWine Invest ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RareWine Invest ApS
RareWine Invest ApS (CVR number: 37658987) is a company from AALBORG. The company recorded a gross profit of 5057 kDKK in 2023. The operating profit was 611 kDKK, while net earnings were -409 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 59.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RareWine Invest ApS's liquidity measured by quick ratio was 2.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 686.00 | 5 929.00 | 12 724.00 | 9 107.00 | 5 057.00 |
EBIT | 982.00 | 995.00 | 7 161.00 | 4 226.00 | 611.00 |
Net earnings | 791.00 | 1 032.00 | 7 020.00 | 876.00 | - 409.00 |
Shareholders equity total | 2 673.00 | 3 705.00 | 10 764.00 | 11 703.00 | 11 247.00 |
Balance sheet total (assets) | 32 113.00 | 32 598.00 | 95 065.00 | 346 063.00 | 20 292.00 |
Net debt | - 804.00 | 434.00 | 2 692.00 | 69 277.00 | 5 447.00 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.8 % | 4.8 % | 13.9 % | 2.0 % | 0.8 % |
ROE | 34.7 % | 32.4 % | 97.0 % | 7.8 % | -3.6 % |
ROI | 44.3 % | 39.0 % | 91.7 % | 9.3 % | 2.9 % |
Economic value added (EVA) | 640.70 | 576.15 | 5 589.72 | 2 495.95 | -58.55 |
Solvency | |||||
Equity ratio | 58.5 % | 47.1 % | 59.2 % | 13.7 % | 59.5 % |
Gearing | 2.8 % | 40.5 % | 31.7 % | 592.4 % | 48.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 26.2 | 9.9 | 18.0 | 4.8 | 2.8 |
Current ratio | 1.1 | 1.2 | 1.2 | 1.0 | 2.3 |
Cash and cash equivalents | 878.00 | 1 067.00 | 724.00 | 46.00 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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